Planned community definition
Planned community means a common interest community that is not a condominium or a cooperative. A condominium or cooperative may be part of a planned community.
Planned community means a common interest community that is not a
Planned community means real estate with respect to which any person, by virtue of that person's ownership of a lot, is expressly obligated by a declaration to pay real property taxes, insurance premiums, or other expenses to maintain, improve, or benefit other lots or other real estate described in the declaration. For purposes of this act, neither a cooperative nor a condominium is a planned community, but real estate comprising a condominium or cooperative may be part of a planned community. "Ownership of a lot" does not include holding a leasehold interest of less that [than] 20 years in a lot, including renewal options.
Examples of Planned community in a sentence
Planned community involvement is scheduled regularly to involve residents with community activities related to normal daily living skills, recreation, social gatherings, and education.
Planned community activities to ▇▇▇▇▇▇ social values and community living skills.
More Definitions of Planned community
Planned community means a common interest community that
Planned community means a common interest
Planned community means a planned community of
Planned community means real estate with respect to which any person, by virtue of that person's ownership of a lot, is expressly obligated by a declaration to pay real property taxes, insurance premiums, or other expenses to maintain, improve, or benefit other lots or other real estate described in the declaration. For purposes of this act, neither a cooperative nor a condominium is a planned community, but real estate comprising a condominium or cooperative may be
Planned community means a community comprised of individual lots for which a deed, common plan, or declaration requires any of the following:
Planned community means a common interest community that is not a condominium or a cooperative. A
Planned community means a real estate development that includes real estate owned and operated by or real estate on which an easement to maintain roadways or a covenant to maintain roadways is held by a nonprofit corporation or unincorporated association of owners, that is created for the purpose of managing, maintaining or improving the property and in which the declaration expressly states both that the owners of separately owned lots, parcels or units are mandatory members and that the owners are required to pay assessments to the association for these purposes. Planned community does not include any of the following: